With the closing of the apartment sale, USEG will have $ 10 million in debt.
Right now, the Board of Directors should react to this opportunity by firing management & hire qualified O&G management - instead of the current 'lucky sperm club' .
Provide the new management with a generous incentive for growing the company & having management respected. The current management team does not care about the stock price or non management shareholders. Fire them now !!!
scoutaboutt, even if bcfbubba does have a hatred for Keith the company does need a new management team. To many family members that are hired or people that have had a past relationship with family that work for the company. Great example why do they need to pay Reggie Larsen to run a dept when his service is not needed. I am sure you can delete 12 employees and performance of the company won`t suffer. You would save at least 1 million a year on costs.